GABELLI EQUITY TR INC GAB
COM · Closed-End Fund · CUSIP 362397101
160
institutional holders
+4 vs Q1 2023
20.9m
shares reported held*
$121.3mreported value*
15 new
52 added
30 reduced
11 sold out
net bought ≈ $2.5m (+426.8k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $5.80.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 165 |
| Q4 2022 | 173 |
| Q1 2023 | 156 |
| Q2 2023 | 160 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 73 | 47 |
| Q1 2023 | 68 | 50 |
| Q2 2023 | 67 | 41 |
Biggest buyers
| Cetera Advisor Networks LLC | Added | +143.5k |
| Ascentis Independent Advisors | New | +116.9k |
| MORGAN STANLEY | Added | +68.0k |
| LPL Financial LLC | Added | +60.5k |
| ROYAL BANK OF CANADA | Added | +55.5k |
| Steward Partners Investment Advisory, LLC | Added | +48.3k |
| Virtu Financial LLC | New | +41.3k |
| IFG Advisory, LLC | New | +31.5k |
| NEUBERGER BERMAN GROUP LLC | New | +27.9k |
| INDEPENDENT FINANCIAL GROUP, LLC | Added | +27.7k |
Biggest sellers
| BANK OF AMERICA CORP /DE/ | Reduced | -215.5k |
| GAMCO INVESTORS, INC. ET AL | Reduced | -38.7k |
| STIFEL FINANCIAL CORP | Reduced | -32.3k |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC | Sold out | -31.5k |
| Cetera Investment Advisers | Reduced | -29.6k |
| Dash Acquisitions Inc. | Sold out | -28.3k |
| HighTower Advisors, LLC | Reduced | -27.6k |
| WELLS FARGO & COMPANY/MN | Reduced | -27.4k |
| Mariner, LLC | Reduced | -26.7k |
| B. Riley Wealth Advisors, Inc. | Reduced | -26.1k |
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
BuyingSelling
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 2 | $6.3m | 0 | — | — |
| Q1 2022 | 1 | $1.0k | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 2.2m $12.8m | Added +68.0k |
| LPL Financial LLC 0.01% of their portfolio | 2.2m $12.7m | Added +60.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio | 1.7m $9.6m | Added +21.6k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.6m $9.6m | Reduced -215.5k |
| PHILADELPHIA TRUST CO 0.64% of their portfolio | 1.2m $6.7m | Reduced -3.2k |
| GAMCO INVESTORS, INC. ET AL 0.05% of their portfolio | 846.7k $4.9m | Reduced -38.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 696.3k $4.0m | Reduced -27.4k |
| COHEN & STEERS, INC. 0.01% of their portfolio | 683.6k $4.0m | Unchanged |
| BerganKDV Wealth Management, LLC 0.36% of their portfolio | 623.3k $3.6m | Added +824 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 597.1k $3.5m | Added +55.5k |
| Live Oak Private Wealth LLC 0.59% of their portfolio | 514.2k $3.0m | Unchanged |
| Cetera Advisor Networks LLC 0.02% of their portfolio | 500.5k $2.9m | Added +143.5k |
| Marks Group Wealth Management, Inc 0.32% of their portfolio | 464.3k $2.7m | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 459.5k $2.7m | Added +7.7k |
| UBS Group AG 0.00% of their portfolio | 419.1k $2.4m | Added +14.9k |
| SCOTIA CAPITAL INC. 0.01% of their portfolio | 367.8k $2.1m | Added +26.2k |
| Accel Wealth Management 0.96% of their portfolio | 299.9k $1.7m | Added +27.6k |
| INDEPENDENT FINANCIAL GROUP, LLC 0.12% of their portfolio | 292.5k $1.7m | Added +27.7k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 292.0k $1.7m | Reduced -22.7k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 249.8k $1.4m | Added +13.1k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 181.9k $1.1m | First filing |
| Atria Wealth Solutions, Inc. 0.01% of their portfolio | 180.2k $1.0m | Added +7.5k |
| Advisors Asset Management, Inc. 0.02% of their portfolio | 170.2k $987.0k | Reduced -19.2k |
| Steward Partners Investment Advisory, LLC 0.01% of their portfolio | 159.6k $925.5k | Added +48.3k |
| Private Advisor Group, LLC 0.01% of their portfolio | 151.1k $874.8k | Added +5.0k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 148.0k $858.5k | Reduced -8.2k |
| HighTower Advisors, LLC 0.00% of their portfolio | 127.6k $741.0k | Reduced -27.6k |
| Ascentis Independent Advisors 0.19% of their portfolio | 116.9k $678.2k | New |
| Advisory Services Network, LLC 0.02% of their portfolio | 116.7k $676.6k | Reduced -1.1k |
| Stratos Wealth Partners, LTD. 0.02% of their portfolio | 115.8k $671.4k | Reduced -3.8k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 113.3k $657.3k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 111.0k $643.5k | Reduced -32.3k |
| Cetera Investment Advisers 0.01% of their portfolio | 107.1k $620.9k | Reduced -29.6k |
| WEDBUSH SECURITIES INC 0.03% of their portfolio | 100.2k $581.0k | Added +25.8k |
| Laidlaw Wealth Management LLC 0.11% of their portfolio | 96.4k $559.3k | Added +22.8k |
| HOLLENCREST CAPITAL MANAGEMENT 0.06% of their portfolio | 95.5k $554.1k | Unchanged |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 92.2k $535.0k | Added +2.9k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 90.9k $527.0k | Reduced -1.1k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 90.2k $523.0k | Reduced -2.8k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 81.2k $471.2k | Reduced -2.4k |
| LEVEL FOUR ADVISORY SERVICES, LLC 0.03% of their portfolio | 76.6k $444.2k | Added +4.1k |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 72.0k $418.0k | Unchanged |
| PECAUT & CO. 0.16% of their portfolio | 67.2k $389.6k | Reduced -12.2k |
| Shulman DeMeo Asset Management LLC 0.10% of their portfolio | 58.5k $339.4k | Reduced -220 |
| GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio | 52.9k $307.0k | Added +819 |
| Eudaimonia Partners, LLC 0.07% of their portfolio | 50.0k $290.0k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 49.8k $288.8k | Added +25.0k |
| Brookstone Capital Management 0.01% of their portfolio | 49.1k $277.7k | Added +19.8k |
| B. Riley Wealth Advisors, Inc. 0.01% of their portfolio | 47.8k $277.0k | Reduced -26.1k |
| Arista Wealth Management, LLC 0.11% of their portfolio | 44.5k $258.0k | Added +1.2k |
| Valley Brook Capital Group, Inc. 0.24% of their portfolio | 44.3k $257.1k | Added +1.0k |
| Equitable Holdings, Inc. 0.00% of their portfolio | 42.7k $247.9k | Added +12.1k |
| Virtu Financial LLC 0.02% of their portfolio | 41.3k $239.0k | New |
| Graves Light Lenhart Wealth, Inc. 0.03% of their portfolio | 41.2k $239.1k | Unchanged |
| NewEdge Advisors, LLC 0.00% of their portfolio | 39.5k $229.0k | Added +3.1k |
| SYNOVUS FINANCIAL CORP 0.00% of their portfolio | 39.5k $228.9k | Unchanged |
| Stonegate Investment Group, LLC 0.01% of their portfolio | 38.4k $223.0k | Added +1.0k |
| Creative Planning 0.00% of their portfolio | 38.1k $221.2k | Added +2.4k |
| NorthRock Partners, LLC 0.02% of their portfolio | 36.0k $208.8k | Unchanged |
| STEPHENS INC /AR/ 0.00% of their portfolio | 35.1k $203.6k | Added +18.1k |
| Sheaff Brock Investment Advisors, LLC 0.02% of their portfolio | 34.4k $199.4k | Unchanged |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 33.2k $192.0k | Added +260 |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 32.7k $189.5k | Added +61 |
| IFG Advisory, LLC 0.02% of their portfolio | 31.5k $182.6k | New |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio | 31.4k $182.2k | Reduced -1.1k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 30.8k $178.6k | Added +737 |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 30.6k $177.0k | Unchanged |
| TD Waterhouse Canada Inc. 0.00% of their portfolio | 29.4k $172.6k | Added +18.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 28.7k $166.2k | Added +5.3k |
| PINNACLE ASSOCIATES LTD 0.00% of their portfolio | 28.6k $166.1k | Unchanged |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 27.9k $161.8k | New |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 27.6k $159.8k | Added +23.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 27.4k $159.0k | Added +20.8k |
| Pekin Hardy Strauss, Inc. 0.02% of their portfolio | 27.2k $157.9k | Unchanged |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 26.5k $153.7k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 25.9k $150.5k | Added +13.4k |
| Quad-Cities Investment Group, LLC 0.10% of their portfolio | 25.4k $147.1k | Reduced -474 |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.03% of their portfolio | 23.8k $137.9k | Added +243 |
| PCG Wealth Advisors, LLC 0.08% of their portfolio | 23.1k $134.0k | Unchanged |
| AE Wealth Management LLC 0.00% of their portfolio | 22.5k $130.4k | Added +926 |
| BUCKINGHAM STRATEGIC WEALTH, LLC 0.00% of their portfolio | 22.4k $130.0k | Reduced -1.5k |
| Koshinski Asset Management, Inc. 0.01% of their portfolio | 21.9k $127.1k | Reduced -21.9k |
| David J Yvars Group 0.10% of their portfolio | 21.7k $126.0k | Added +2.3k |
| Ameritas Advisory Services, LLC 0.01% of their portfolio | 20.1k $113.8k | Reduced -24.7k |
| Vantage Financial Partners, LLC 0.04% of their portfolio | 20.1k $116.4k | Added +8.4k |
| MIdWestOne Financial Group, Inc. 0.02% of their portfolio | 19.1k $111.0k | Unchanged |
| BEACON INVESTMENT ADVISORY SERVICES, INC. 0.01% of their portfolio | 19.0k $110.2k | Unchanged |
| Capital Square, LLC 0.10% of their portfolio | 18.7k $108.7k | New |
| Mariner, LLC 0.00% of their portfolio | 18.1k $104.8k | Reduced -26.7k |
| Day & Ennis, LLC 0.04% of their portfolio | 18.1k $104.7k | Unchanged |
| CASCADE INVESTMENT GROUP, INC. 0.10% of their portfolio | 18.0k $104.6k | Unchanged |
| GPS Wealth Strategies Group, LLC 0.02% of their portfolio | 17.3k $100.3k | Unchanged |
| HUB Investment Partners, LLC 0.02% of their portfolio | 17.3k $100.2k | Unchanged |
| Modera Wealth Management, LLC 0.00% of their portfolio | 17.1k $99.0k | Unchanged |
| Meridian Wealth Management, LLC 0.01% of their portfolio | 16.7k $96.8k | Added +384 |
| FLYNN ZITO CAPITAL MANAGEMENT, LLC 0.06% of their portfolio | 16.1k $93.5k | Unchanged |
| Corient Private Wealth LP 0.00% of their portfolio | 15.5k $90.1k | New |
| Safeguard Investment Advisory Group, LLC 0.04% of their portfolio | 15.5k $89.8k | Added +418 |
| Executive Wealth Management, LLC 0.01% of their portfolio | 15.0k $87.0k | Unchanged |
| Platform Technology Partners 0.04% of their portfolio | 14.5k $82.8k | New |